sell

Bitcoin Long Liquidated at 121,836 — Deleveraging Warning

I had a long on Bitcoin that was liquidated. The average price on the position was 121,836.20 and the total exposure was $249,642.

All trades were managed by bpay_group bots. This liquidation highlights the risks of leveraged bot trading and rapid adverse moves.

I will reassess leverage, bot parameters and risk limits before considering re-entry.

Source available for registered users Sign Up Free

Analysis

The liquidation indicates the position was likely highly leveraged and unable to withstand a price swing. Without timeframe or leverage details it's hard to judge market direction, but the event under...

Recommendation

Exit or avoid new leveraged longs until volatility subsides and bot risk settings are tightened; reduce leverage, set stricter stops, and review execution rules before redeploying capital.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: